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    Sales Reports

    Hollingsworth & Vose

    ...

    Hollingsworth & Vose
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    09.20.18
    East Walpole, MA
    www.hovo.com
    2018 Nonwovens Sales: $395 million


    Key Personnel
    Val Hollingsworth, president and CEO; Josh Ayer, division president, Engine & Industrial Filtration; Mike Clark, division president, high efficiency and specialty filtration, Ken Fausnacht, vice president, global operations; John Fitzgerald, vice president and CTO; Jochem Hofstetter, vice president, managing director, Europe, Middle East and Africa

    Plants
    Apizaco, Mexico; Corvallis, OR; East Walpole, MA; Easton, NY; Floyd, VA; Greenwich, NY; Hatzfeld, Germany; Hawkinsville, GA; Kentmere, U.K.; Mysuru, India; Suzhou, China; West Groton, MA; Winchcombe, U.K.

    Processes
    Wetlaid, meltblown, carded thermal bonded (point and flat calendered), latex bonded, through-air bonded, needlepunch, thermal lamination, aqueous and solvent-based saturation, nanofiber-webs, composites, webs incorporating functional particles


    Sales grew an impressive 6.4% to reach $395 million for Walpole, MA-based Hollingsworth & Vose. The company reports double digit growth in both the Nanowave and Technostat product lines amidst improved demand for improved IAQ and energy savings, according to Mike Clark, president of H&V’s HESF division. In 2018, the company launched a new Nanowave product family aimed at meeting the new HVAC ISO 16890 standards. Nanowave air filter media offer a lower pressure drop and in turn lower energy consumption compared to traditional synthetic or glass mat filter media.

    In late 2015, H&V expanded production capacity for Nanowave with a new line in Hatzfield. Other developments have centered on reducing air flow resistance.

    Meanwhile, the company’s Technostat line has been expanded with products that combine enhanced mechanical filtration with its market leading electrostatic performance. The Technostat technology is also made on both sides of the Atlantic. Its latest investment in the electrostatically charged media was a new line in Floyd, VA. Its key markets include industrial face mask, cabin air and appliance applications.

    In other new product news, H&V continues to develop product solutions for cabin air, HVAC and liquid filtration applications. “We are seeing increasing demand for fine particulate air filtration end use customer expectations for IAQ increase,” Clark says. “ We are seeing an increasing interest in IAQ monitoring with the advent of lower cost ePM1 and ePM2.5 sensor technology. H&V’s new solutions increase filtration efficiency without increasing pressure drop.”

    Another core area is fuel filtration, which is gaining importance to OEM’s as they look for solutions to meet automotive emissions challenges. “H&V’s ability to combine multiple filtration media technologies to produce high performance composite materials enables us to meet a wide variety of application requirements that are often competing in nature (e.g., increased efficiency and life without a pressure drop penalty),” says Josh Ayer, president EIF division.

    The filtration market in general continues to outpace GDP growth and H&V strongly believes that the filtration industry has an enormous impact on greenhouse gas emissions, energy efficiency, process productivity and general health and safety. Customers across the many subcategories of filtration—HVAC, cabin, air, fuel, liquid and consumer—are demanding greater differentiation in quality and product performance.

    Outside of filtration, battery separators continue to be a strong market for H&V due to product performance, quality and global supply chain. This market was boosted through the acquisition of a battery separator company in India with novel technology to meet the unique materials for battery performance in the region.

    Meanwhile, in terms of global growth, Asia continues to be a focus for H&V and the company continues to work hard at growing its businesses based in China and India. By entering these markets early in the stages of infrastructure development, H&V has managed to establish strong footholds in markets that need its products. It has invested heavily in both human capital as well as plant and equipment to strengthen its local service capability. 

    “We have great confidence in the mid to long term Asia markets,” Ayer says. “International trade wars and a general slowing of growth rates are affecting near-term demand.”

    In support of its key Asian market segments, H&V is making a significant capital investment to expand its wetlaid nonwovens capacity with a new production line coming online in the fourth quarter of this year, and it continues to grow its presence in India with the expansion of R&D and production capabilities.
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